Explains the conceptual framework for financial reporting, the Financial Accounting Standards Board set. Explained the objectives of financial statements, assumptions of financial accounting, properties of accounting information, accounting principles for recognizing and reporting limitations of financial reporting, and elements of financial statements.

Explains the conceptual framework for financial reporting, the Financial Accounting Standards Board set. Explained the objectives of financial statements, assumptions of financial accounting, properties of accounting information, accounting principles for recognizing and reporting limitations of financial reporting, and elements of financial statements.
«Hide

from
David F. Hawkins,
Jacob Cohen
7 pages.
Publication Date: Jun 27, 2001. Prod #: 101118-PDF-ENG
Conceptual Framework for Financial Reporting HBR case solution